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Howmet Aerospace (HWM) Stock Price, News & Analysis

$67.85
+0.06 (+0.09%)
(As of 09:36 AM ET)
Today's Range
$67.43
$67.92
50-Day Range
$52.60
$67.79
52-Week Range
$38.17
$67.97
Volume
58,190 shs
Average Volume
3.11 million shs
Market Capitalization
$27.84 billion
P/E Ratio
37.08
Dividend Yield
0.29%
Price Target
$61.15

Howmet Aerospace MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
9.9% Downside
$61.15 Price Target
Short Interest
Healthy
1.15% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.80
Upright™ Environmental Score
News Sentiment
0.95mentions of Howmet Aerospace in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$3.03 M Sold Last Quarter
Proj. Earnings Growth
24.42%
From $2.17 to $2.70 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.38 out of 5 stars

Construction Sector

17th out of 101 stocks

Rolling, Drawing, & Extruding Of Nonferrous Metals Industry

1st out of 5 stocks


HWM stock logo

About Howmet Aerospace Stock (NYSE:HWM)

Howmet Aerospace Inc. provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally. It operates through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. The Engine Products segment offers airfoils and seamless rolled rings primarily for aircraft engines and industrial gas turbines; and rotating and structural parts. The Fastening Systems segment produces aerospace fastening systems, as well as commercial transportation, industrial, and other fasteners; and latches, bearings, fluid fittings, and installation tools. The Engineered Structures segment provides titanium ingots and mill products, aluminum and nickel forgings, and machined components and assemblies for aerospace and defense applications; and titanium forgings, extrusions, and forming and machining services for airframe, wing, aero-engine, and landing gear components. The Forged Wheels segment offers forged aluminum wheels and related products for heavy-duty trucks and commercial transportation markets. The company was formerly known as Arconic Inc. Howmet Aerospace Inc. was founded in 1888 and is based in Pittsburgh, Pennsylvania.

HWM Stock Price History

HWM Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Alcoa Offers to Buy Australia’s Alumina for $2.2 Billion
HWM Jul 2024 60.000 put
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Howmet Aerospace Inc (HWM)
HWM Apr 2024 65.000 put
See More Headlines
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Company Calendar

Ex-Dividend for 2/26 Dividend
2/08/2024
Last Earnings
2/13/2024
Dividend Payable
2/26/2024
Today
3/05/2024
Next Earnings (Estimated)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Rolling, drawing, & extruding of nonferrous metals
Sub-Industry
N/A
CIK
4281
Employees
23,200
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$61.15
High Stock Price Target
$74.00
Low Stock Price Target
$48.00
Potential Upside/Downside
-9.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
14 Analysts

Profitability

Net Income
$765 million
Pretax Margin
14.68%

Debt

Sales & Book Value

Annual Sales
$6.64 billion
Cash Flow
$2.55 per share
Book Value
$9.67 per share

Miscellaneous

Free Float
405,257,000
Market Cap
$27.84 billion
Optionable
Optionable
Beta
1.43
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Key Executives

  • Mr. John C. Plant FCA (Age 70)
    Executive Chairman & CEO
    Comp: $1.75M
  • Mr. Kenneth J. Giacobbe (Age 58)
    Executive VP & CFO
    Comp: $1.05M
  • Ms. Lola Felice Lin (Age 49)
    Executive VP, Corporate Secretary, Chief Legal & Compliance Officer
    Comp: $943.19k
  • Mr. Neil E. Marchuk (Age 66)
    Executive VP, CHRO & President Engineered Structures
    Comp: $1.36M
  • Mr. Michael Niem Chanatry (Age 64)
    Executive VP & Chief Commercial Officer
    Comp: $1.01M
  • Mr. Paul Thomas Luther Jr.
    Vice President of Investor Relations
  • Mr. Randall Scheps (Age 56)
    President of Forged Wheels
  • Ms. Margaret S. Lam Esq.
    Assistant Secretary, Associate General Counsel and Chief Securities & Governance Counsel
  • Mr. Merrick Murphy
    President of the Engine Products Segment
  • Mr. Vagner Finelli
    President of Howmet Fastening Systems

Should I Buy Howmet Aerospace Stock? HWM Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Howmet Aerospace was last updated on Saturday, March 2, 2024 at 11:17 PM.

Pros

Here are some ways that investors could benefit from investing in Howmet Aerospace Inc.:

  • Howmet Aerospace provides advanced engineered solutions for the aerospace and transportation industries, offering a diversified portfolio across different sectors.
  • The company operates through four segments, including Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels, providing exposure to various markets and products.
  • Recent institutional investments in Howmet Aerospace indicate confidence from financial advisors and wealth management firms, potentially signaling positive growth prospects.
  • With a global presence in countries like the United States, Japan, France, Germany, and China, Howmet Aerospace has a broad market reach, reducing dependency on a single market.
  • Considering the recent stock price movements and financial reports, Howmet Aerospace may present a favorable investment opportunity based on its current valuation and growth potential.

Cons

Investors should be bearish about investing in Howmet Aerospace Inc. for these reasons:

  • Volatility in the aerospace and transportation industries can impact Howmet Aerospace's financial performance, subjecting the company to market fluctuations and economic uncertainties.
  • Dependency on the aerospace sector for a significant portion of its revenue exposes Howmet Aerospace to risks associated with industry-specific challenges and regulatory changes.
  • While recent institutional investments may indicate positive sentiment, they also raise concerns about potential market manipulation or speculative trading activities affecting the stock price.
  • Global economic conditions and geopolitical tensions could impact Howmet Aerospace's international operations and supply chain, leading to disruptions and financial setbacks.
  • Investors should carefully assess the competitive landscape and technological advancements in the aerospace and transportation industries to evaluate Howmet Aerospace's long-term growth prospects and market positioning.














HWM Stock Analysis - Frequently Asked Questions

Should I buy or sell Howmet Aerospace stock right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Howmet Aerospace in the last twelve months. There are currently 2 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" HWM shares.
View HWM analyst ratings
or view top-rated stocks.

What is Howmet Aerospace's stock price target for 2024?

14 Wall Street analysts have issued 1-year price targets for Howmet Aerospace's shares. Their HWM share price targets range from $48.00 to $74.00. On average, they expect the company's stock price to reach $61.15 in the next year. This suggests that the stock has a possible downside of 9.9%.
View analysts price targets for HWM
or view top-rated stocks among Wall Street analysts.

How have HWM shares performed in 2024?

Howmet Aerospace's stock was trading at $54.12 at the beginning of the year. Since then, HWM stock has increased by 25.4% and is now trading at $67.85.
View the best growth stocks for 2024 here
.

Are investors shorting Howmet Aerospace?

Howmet Aerospace saw a increase in short interest during the month of January. As of January 31st, there was short interest totaling 4,820,000 shares, an increase of 33.9% from the January 15th total of 3,600,000 shares. Based on an average daily volume of 2,660,000 shares, the short-interest ratio is currently 1.8 days. Approximately 1.2% of the shares of the company are short sold.
View Howmet Aerospace's Short Interest
.

When is Howmet Aerospace's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our HWM earnings forecast
.

How were Howmet Aerospace's earnings last quarter?

Howmet Aerospace Inc. (NYSE:HWM) announced its quarterly earnings data on Tuesday, February, 13th. The company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.06. The firm had revenue of $1.73 billion for the quarter, compared to analyst estimates of $1.65 billion. Howmet Aerospace had a trailing twelve-month return on equity of 20.12% and a net margin of 11.52%. The firm's quarterly revenue was up 14.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.38 EPS.
Read the conference call transcript
.

How often does Howmet Aerospace pay dividends? What is the dividend yield for Howmet Aerospace?

Howmet Aerospace declared a quarterly dividend on Thursday, January 25th. Investors of record on Friday, February 9th will be given a dividend of $0.05 per share on Monday, February 26th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.29%. The ex-dividend date is Thursday, February 8th.
Read our dividend analysis for HWM
.

Is Howmet Aerospace a good dividend stock?

Howmet Aerospace (NYSE:HWM) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.30%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 10.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HWM will have a dividend payout ratio of 7.41% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HWM.

What guidance has Howmet Aerospace issued on next quarter's earnings?

Howmet Aerospace issued an update on its FY 2024 earnings guidance on Tuesday, February, 13th. The company provided EPS guidance of 2.100-2.200 for the period, compared to the consensus EPS estimate of 2.170. The company issued revenue guidance of $7.0 billion-$7.2 billion, compared to the consensus revenue estimate of $7.1 billion.

What other stocks do shareholders of Howmet Aerospace own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Howmet Aerospace investors own include Arconic (ARNC), AT&T (T), Alcoa (AA), General Electric (GE), Intel (INTC), Boeing (BA), Bank of America (BAC), Cisco Systems (CSCO), CVS Health (CVS) and Chevron (CVX).

Who are Howmet Aerospace's major shareholders?

Howmet Aerospace's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.99%), Massachusetts Financial Services Co. MA (5.61%), Boston Partners (3.73%), Price T Rowe Associates Inc. MD (2.67%), Norges Bank (2.28%) and Northern Trust Corp (0.87%). Insiders that own company stock include Barbara Lou Shultz, Ken Giacobbe and Neil Edward Marchuk.
View institutional ownership trends
.

How do I buy shares of Howmet Aerospace?

Shares of HWM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:HWM) was last updated on 3/5/2024 by MarketBeat.com Staff